By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The Auto Magazine
  • Home
  • Auto Shows
    Auto ShowsShow More
    Toyota Expands Commitment to Hydrogen Society with Fleet, Infrastructure and Next-Gen System Debut
    April 30, 2025
    Ford is Ready to Tackle the Simola Hillclimb with Over 6 000 Horsepower
    April 30, 2025
    LDV (Maxus as Known in China) Makes a Bold Statement at Shanghai Motor Show
    April 30, 2025
    Upcoming OMODA C3 redefines the crossover with cyber-mecha aesthetics
    April 29, 2025
    Hyundai Motor Unveils the New XCIENT Heavy-Duty Fuel Cell Truck at ACT Expo 2025
    April 29, 2025
  • Bikes
    BikesShow More
    BMW Motorrad presents the new BMW R 1300 RS
    May 2, 2025
    BMW Motorrad presents the new BMW R 1300 RT
    April 30, 2025
    Honda NC750X Named Winner in 2025 Red Dot Design Award
    April 10, 2025
    The Panigale V4 honoured with the prestigious iF Design Award
    March 30, 2025
    BMW Motorrad presents the new BMW R 12 G/S
    March 29, 2025
  • News
    NewsShow More
    Lucid Strengthens Leadership Team as Company Prepares for Growth
    May 8, 2025
    GWM Sells Over 100,000 Vehicles in April, Up 5.55% Year-on-Year
    May 8, 2025
    296 LMGT3s head to Belgium for 2025 6 Hours of Spa
    May 8, 2025
    Toyota Announces April Through March 2025 Financial Results
    May 8, 2025
    Mercedes-Benz 450 SEL 6.9: “The best car” of its time turns 50
    May 8, 2025
  • Concepts
    ConceptsShow More
    Hyundai Motor and Plus Unveil Concept for Autonomous Hydrogen Freight Ecosystem at ACT Expo 202
    May 2, 2025
    Hyundai Motor Unveils the new IONIQ 6 and IONIQ 6 N Line
    April 5, 2025
    Kia and LG Electronics Partner to Showcase New PBV Concepts for Work and Play
    April 4, 2025
    BMW Group reveals revolutionary electric drive concept with 800V technology for the Neue Klasse
    February 24, 2025
    Audi unveils Q6 e-tron offroad concept
    January 28, 2025
  • EVs
    EVsShow More
    Mercedes-Benz and The Mobility House Launch Europe-Wide Partnership for Smart Home Charging
    May 9, 2025
    Coming soon: the new Volvo XC70
    May 8, 2025
    Isuzu begins production of D-MAX EV pickup truck in Thailand
    May 2, 2025
    Rethinking the way we perceive, design and use electric LCVs with Renault Trafic, Goelette and Estafette
    May 2, 2025
    Volvo reaches milestone with 5,000 electric trucks sold worldwide
    April 29, 2025
  • Motosport
    MotosportShow More
    Porsche Penske Motorsport aims to maintain IMSA winning streak in the USA
    May 9, 2025
    BEHIND THE SCENES: ARCHIE RUTHERFORD ON WHAT IT TAKES TO BRING THE W2RC TO SOUTH AFRICA
    May 9, 2025
    TGR ready for South African Safari Rally as W2RC resumes
    May 8, 2025
    Vantage GT3 in the hunt for glory at Spa-Francorchamps and Laguna Seca
    May 8, 2025
    All three Aston Martin Valkyries in competitive action as WEC heads to Spa and IMSA takes on Laguna Seca 
    May 8, 2025
  • Trucks & Buses
    Trucks & BusesShow More
    Successful together: representatives of the 12 project partners of the ATLAS-L4 project at the closing event in Penzing with Ernst Stöckl-Pukall, Head of the “Digitalization and Industry 4.0” department at the Federal Ministry of Economics (first row, second from right) and Georg Grüneißl, Head of Product Strategy and Planning at MAN Truck & Bus, representing the project consortium leader (first row, center)
    Goal achieved: the driverless truck on the road becomes reality
    May 8, 2025
    Volvo’s gas-powered trucks on the rise – enabling up to 100% CO2 reduction
    May 5, 2025
    Mercedes-Benz Trucks aims to win a GUINNESS WORLD RECORDS title with eActros 600
    May 2, 2025
    MAN again with rising order intake
    April 29, 2025
    Volvo reaches milestone with 5,000 electric trucks sold worldwide
    April 29, 2025
  • Reviews
    ReviewsShow More
    Sporty meets efficiency: the new Audi A6 plug-in hybrid models
    May 7, 2025
    THE ROLLS-ROYCE PHANTOM AT 100 YEARS
    May 4, 2025
    Introducing the 2026 Lucid Gravity Grand Touring
    April 16, 2025
    TGR to Launch Evolved GR Yaris
    April 14, 2025
    Connected development: the Audi A6 Avant as the perfect travel companion
    April 9, 2025
  • Tech
    TechShow More
    Hyundai Motor Group Delivers Enhanced In-Car Experience Through Equinix Data Centers Globally
    May 8, 2025
    Artificial intelligence as a quality booster
    April 28, 2025
    Kia Introduces AI Voice Assistant to Enhance Connectivity and Driver Experience
    April 16, 2025
    Bentley employs pioneering AI technology in the quest for leather perfection
    April 15, 2025
    Bandai Namco, AirConsole and Volkswagen bring PAC-MAN into the vehicle
    April 15, 2025
Hot News
Porsche Penske Motorsport aims to maintain IMSA winning streak in the USA
Mercedes-Benz and The Mobility House Launch Europe-Wide Partnership for Smart Home Charging
BEHIND THE SCENES: ARCHIE RUTHERFORD ON WHAT IT TAKES TO BRING THE W2RC TO SOUTH AFRICA
Lucid Strengthens Leadership Team as Company Prepares for Growth
GWM Sells Over 100,000 Vehicles in April, Up 5.55% Year-on-Year
Electric Vehicles

PEUGEOT EXTENDS THE ELECTRIC RANGE OF THE PEUGEOT E-208

Latest News

JLR TO INVEST £15 BILLION OVER NEXT FIVE YEARS IN INDUSTRIAL FOOTPRINT

Auto Shows

Audi at 2025 Auto Shanghai: five debuts take the stage

Latest News

Isuzu Motors South Africa Top Employer for a Third Year in a Row

Font ResizerAa
The Auto MagazineThe Auto Magazine
  • Home
  • Auto Shows
  • Bikes
  • News
  • Concepts
  • EVs
  • Motosport
  • Trucks & Buses
  • Reviews
  • Tech
Search
  • Home
  • Auto Shows
  • Bikes
  • News
  • Concepts
  • EVs
  • Motosport
  • Trucks & Buses
  • Reviews
  • Tech
Follow US
Crafted by Intellegere Media. © 2024 The Auto Magazine. All rights reserved.
Electric Vehicles

Jeep Avenger wins the Small BEV Autovista Group Residual Value Award 2023

Itumeleng Garebatshabe
Last updated: June 21, 2023 13:50
By Itumeleng Garebatshabe
592 Views
8 Min Read
Share
8 Min Read
SHARE
  • The Jeep Avenger has won the Autovista Group Residual Value Award in the Small battery-electric vehicle (BEV) category
  • Celebrating value retention, this award is of particular interest to key automotive companies such as OEMs, leasing businesses and fleet operators
  • Drawing on Autovista Group data from up to 17 different European countries, the awards are far reaching in the region
     

The all-new, all-electric Jeep Avenger has been chosen as the winner of the Autovista Group Residual Value Award for Small BEVs.

“We are very excited about the Small BEV category, as over the last decade there has been an increasing number of heavy, large, and expensive all-electric models,’ said Dr Christof Engelskirchen, chief economist at Autovista Group. This comes at a time when mass-market adoption is the real challenge the technology is facing. The choice of small BEVs remains limited within used-car markets but there have been more new launches recently.”

- Advertisement -
Ad image

The Small BEV category shortlist contained 26 cars, all making a top five position within one of the 17 countries Autovista Group experts analysed. In line with the Small BEV approach, the category examined all body types in the A and B-segment, with SUVs competing with small hatchbacks.

The recently-launched Jeep Avenger delivered the best performance in its category, according to the judges. Brand new, sturdy, and not so small for the segment at roughly 4.1m long, it also boasts a WLTP-combined range of 395km, putting it at the top of its group. “Most importantly, it is the deserving RV champion within the Small BEV category,” Engelskirchen said.

‘We are honoured to receive this important award from Autovista Group for the all-new Avenger as it will support sales and growth objectives of the Jeep brand in Europe,’ said Eric Laforge, Head of the Jeep Brand in Enlarged Europe. He attributed the Avenger’s high residual value to the BEVs exceptional quality and unique positioning within the B-segment.

“The all-new Avenger marks the Jeep brand’s entrance into the BEV arena, and it provides all-round freedom and a lot of interior room packaged in an approximate 4m SUV. It is very compact outside, but incredibly roomy inside with flexibility and space for people and gear. The Avenger is dynamic and easy to handle at the same time,” Laforge added.

While the BEV can achieve a 400km range (WLTP), this can increase to 550km when used in ‘city driving’. With fast-charging capabilities, the battery can go from a 20 percent charge to 80 percent in 24 minutes. For those on the go, three minutes at the plug is enough time to provide 30km of range.

“The European market has different needs and expectations, from North to South, and from West to East”, Laforge remarked. But the Jeep brand believes the Avenger can suit many different needs as the vehicle’s design and development were carried out in the European region. The model entered production at Stellantis’ Tychy plant in Poland at the start of this year, so customers will soon see the benefit of this regional approach.

“We believe Avenger is the right choice for those looking for a compact, robust and cool car, which offers state-of-the-art technology, space and comfort while delivering lots of fun,” Laforge concluded.

Project lead Christian Schneider explained how Autovista Group experts identified the European residual value champions this year. Equipped with forecast trade RVs of 36-month-old cars at 60,000km, analysts examined used-car market data from February to April 2023.

Models featuring particularly high or low horsepower and price points were not included so that mainstream models were central to the awards. Following this, the version of each model with the highest RV, expressed as a percentage of its retained list price (%RV) was found. Vehicles were then indexed by dividing their %RV by the category’s average %RV in each available market.

The RV champions were crowned based on the category’s average index across selected countries. This was weighted against each market’s new-car sales volumes, meaning remarkable results from high-volume markets were represented.

The Jeep Avenger performed particularly well in France, reaching an indexed %RV performance of 120%, with the Small BEV category average presented as 100%. Hungary, Austria, and Belgium saw very close results, at 119%, 118% and 116% respectively.

“The Jeep Avenger is one of the biggest surprises of 2023,” said Jose Pontes, data director at EV-volumes.com. “The brand has picked up on a well-proven formula – small crossovers built on an established platform, in this case, Stellantis’ eCMP platform. The carmaker has managed to create a BEV with a unique and original design. This is no small feat, considering the eCMP platform has spawned nine models from six different brands.”

“Given its approximate 4m size, the Jeep Avenger is quite effective as a city car. It is small, even within the small crossover category, and yet it does not lose out when it comes to space and practicality. On top of this, the Jeep Avenger adds off-road ability and impressive handling, making it one of the most fun-to-drive small crossovers on the market,” Pontes added.

As the carmaker’s first small BEV, the Avenger is an important model for the Jeep brand. Known for its rugged off-road options, the model gives the brand an opportunity to appeal to a new audience. “It appeals to those looking for a small, strong and rugged BEV, but not a large off-road vehicle,” explained Phil Curry, special content editor at Autovista24.

The brand has adapted its traditional design cues for the Avenger, meaning it is indisputably a Jeep SUV, but not one the market may expect. In a nod to the first Jeep vehicles, the seven-slot grille, boxy shape and rear lights styled to resemble a fuel can, all remain. The high ground clearance affords good visibility from the cockpit, yet the drive is comfortable and there is little body roll, making it feel planted on the road.

Inside, the cabin benefits from the car’s design, with plenty of headroom in both front and rear. The minimalist dashboard houses a 10.25-inch floating infotainment screen and several physical piano-style buttons, keeping that ‘rugged’ Jeep brand appeal. The centre tunnel also features an array of storage options that make the Avenger practical and family friendly.

“Overall, the Jeep Avenger manages to appeal to fans of the brand, while attracting new buyers. The carmaker has worked hard on positioning the B-SUV to grow its appeal in a changing market, and it succeeds,” said Curry.

TAGGED:Autovista Group Residual Value AwardBEVJeep Avenger

Sign Up For Daily Newsletter

Stay Updated! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Whatsapp Whatsapp LinkedIn VKontakte Telegram Email Copy Link Print
Share
ByItumeleng Garebatshabe
Editor
Follow:
Itumeleng is the Managing Editor of The Auto Magazine. He is a tech and car enthusiast

Follow US

FacebookLike
XFollow
InstagramFollow
YoutubeSubscribe
TiktokFollow
TelegramFollow
Google NewsFollow
LinkedInFollow
- Advertisement -
Ad imageAd image

You Might Also Like

Latest News

Jeep Avenger Orders Reach 40,000 Units, Driving Up Brand’s B-SUV Share in Europe

By Itumeleng Garebatshabe
September 26, 2023
Latest News

BMW Group reaches one million fully-electric vehicles

By Itumeleng Garebatshabe
April 10, 2024
Latest News

Stellantis Ventures Invests in Tiamat and Affordable Sodium-Ion Battery Technology

By Itumeleng Garebatshabe
January 12, 2024
Latest News

SEAT S.A. and the Volkswagen Group assign more than 75% of the Small BEV project’s material costs to suppliers located in Spain

By Itumeleng Garebatshabe
November 10, 2023
Latest News

Jeep Avenger Celebrates Production Milestone

By Itumeleng Garebatshabe
September 5, 2024
Latest News

Volkswagen Group delivers 45 percent more all-electric vehicles in first 9 months

By Itumeleng Garebatshabe
October 17, 2023

The Auto Magazine

  • Advertise
  • About Us
  • Contact
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
  • Bikes
  • Electric Vehicles
  • Trucks & Buses
  • Auto Shows
  • Latest News
  • Motosport

Made by Intellegere Media. All rights reserved. 2023

Don't not sell my personal information
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc.

Zero spam, Unsubscribe at any time.
adbanner